QUAL vs. SPMO ETF Comparison

Comparison of iShares MSCI USA Quality Factor ETF (QUAL) to PowerShares S&P 500 Momentum Portfolio (SPMO)

QUAL

iShares MSCI USA Quality Factor ETF

QUAL Description

The investment seeks to track the investment results of an index composed of U.S. large- and mid-capitalization stocks with quality characteristics as identified through certain fundamental metrics. The fund seeks to track the investment results of the MSCI USA Quality Index (the "underlying index"), which is based on a traditional market capitalization-weighted parent index, the MSCI USA Index, which includes U.S. large- and mid-capitalization stocks. It generally invests at least 90% of its assets in the securities of the underlying index or in depositary receipts representing securities in its underlying index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$182.75

Average Daily Volume

893,947

Number of Holdings ^*

123

* may have additional holdings in another (foreign) market

SPMO

PowerShares S&P 500 Momentum Portfolio

SPMO Description

The investment seeks investment results that generally correspond (before fees and expenses) to the price and yield of the S&P 500 Momentum Index (the "underlying index"). The fund generally will invest at least 90% of its total assets in common stocks that comprise the underlying index. The underlying index is designed to track the performance of approximately 100 stocks in the S&P 500 Index that have the highest "momentum score." In general, momentum is the tendency of an investment to exhibit persistence in its relative performance. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$95.58

Average Daily Volume

717,934

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	QUAL	SPMO
30 Days	1.61%	2.84%
60 Days	2.39%	5.10%
90 Days	3.34%	6.74%
12 Months	30.86%	54.82%

22 Overlapping Holdings

Symbol	Grade	Weight in QUAL	Weight in SPMO	Overlap
AFL	B	0.42%	0.38%	0.38%
ANET	C	0.73%	0.92%	0.73%
APH	A	0.5%	0.65%	0.5%
CBOE	B	0.14%	0.13%	0.13%
CMG	B	1.26%	0.47%	0.47%
COST	B	2.55%	3.79%	2.55%
CTAS	B	0.6%	0.72%	0.6%
DECK	A	0.49%	0.17%	0.17%
GRMN	B	0.48%	0.29%	0.29%
GWW	B	0.59%	0.32%	0.32%
KLAC	D	0.77%	0.53%	0.53%
LLY	F	3.42%	5.19%	3.42%
META	D	4.09%	6.24%	4.09%
NTAP	C	0.21%	0.19%	0.19%
NVDA	C	6.93%	10.2%	6.93%
NVR	D	0.52%	0.15%	0.15%
PEG	A	0.69%	0.27%	0.27%
PHM	D	0.43%	0.18%	0.18%
PKG	A	0.1%	0.14%	0.1%
TJX	A	2.03%	0.99%	0.99%
VLTO	D	0.21%	0.21%	0.21%
VRTX	F	0.62%	0.77%	0.62%

QUAL Overweight 101 Positions Relative to SPMO

Symbol	Grade	Weight
AAPL	C	5.44%
MSFT	F	4.5%
V	A	4.5%
MA	C	4.22%
UNH	C	2.81%
JNJ	D	2.15%
GOOGL	C	1.77%
ADBE	C	1.76%
NFLX	A	1.76%
ADP	B	1.75%
CSCO	B	1.74%
COP	C	1.73%
ACN	C	1.67%
GOOG	C	1.55%
KO	D	1.43%
NKE	D	1.41%
CAT	B	1.4%
TXN	C	1.34%
AMAT	F	1.17%
QCOM	F	1.15%
LIN	D	1.14%
PEP	F	1.1%
LMT	D	1.08%
BLK	C	0.99%
SRE	A	0.93%
SLB	C	0.89%
MMC	B	0.74%
ITW	B	0.73%
LRCX	F	0.73%
PLD	D	0.71%
DHI	D	0.7%
LULU	C	0.66%
CDNS	B	0.58%
TPL	A	0.58%
SHW	A	0.57%
PSA	D	0.55%
MCO	B	0.53%
CME	A	0.52%
SNPS	B	0.51%
ZTS	D	0.51%
ED	D	0.5%
MMM	D	0.5%
PAYX	C	0.49%
TSCO	D	0.43%
FAST	B	0.42%
ATO	A	0.4%
APD	A	0.35%
CBRE	B	0.35%
ODFL	B	0.34%
AMP	A	0.33%
ULTA	F	0.31%
IDXX	F	0.3%
WSM	B	0.29%
BBY	D	0.29%
FERG	B	0.28%
ACGL	D	0.26%
CSGP	D	0.26%
AVB	B	0.24%
EW	C	0.24%
ROK	B	0.22%
POOL	C	0.22%
EQT	B	0.22%
MNST	C	0.21%
MANH	D	0.2%
EA	A	0.2%
A	D	0.2%
APA	D	0.19%
TROW	B	0.19%
MPWR	F	0.18%
EQR	B	0.18%
EME	C	0.17%
RMD	C	0.17%
LPLA	A	0.17%
VEEV	C	0.16%
PPG	F	0.15%
HSY	F	0.15%
KEYS	A	0.15%
WAT	B	0.13%
ROL	B	0.12%
WSO	A	0.12%
WST	C	0.12%
FDS	B	0.12%
EXPD	D	0.12%
GGG	B	0.11%
OMC	C	0.1%
ERIE	D	0.09%
RS	B	0.09%
MOH	F	0.09%
JKHY	D	0.09%
AVY	D	0.08%
PAYC	B	0.08%
UTHR	C	0.08%
SEIC	B	0.07%
MKTX	D	0.07%
ENPH	F	0.06%
SMCI	F	0.06%
AOS	F	0.06%
AFG	A	0.06%
SOLV	C	0.05%
IPG	D	0.05%
WBA	F	0.03%

QUAL Underweight 76 Positions Relative to SPMO

Symbol	Grade	Weight
AMZN	C	-9.74%
BRK.A	B	-6.07%
AVGO	D	-5.46%
JPM	A	-5.38%
WMT	A	-2.39%
GE	D	-2.09%
PGR	A	-1.61%
GS	A	-1.47%
AXP	A	-1.39%
IBM	C	-1.27%
KKR	A	-1.23%
T	A	-1.15%
AMGN	D	-1.04%
RTX	C	-1.01%
TMUS	B	-0.99%
BSX	B	-0.98%
ETN	A	-0.96%
C	A	-0.89%
TT	A	-0.85%
CB	C	-0.84%
MCK	B	-0.81%
FI	A	-0.78%
REGN	F	-0.72%
MSI	B	-0.67%
ICE	C	-0.65%
CL	D	-0.62%
VST	B	-0.59%
CEG	D	-0.58%
WELL	A	-0.57%
FICO	B	-0.57%
TDG	D	-0.56%
GD	F	-0.55%
BK	A	-0.54%
PH	A	-0.52%
TRGP	B	-0.47%
ALL	A	-0.46%
WMB	A	-0.45%
AJG	B	-0.44%
WM	A	-0.44%
HWM	A	-0.44%
HLT	A	-0.43%
HIG	B	-0.38%
OKE	A	-0.38%
IRM	D	-0.37%
URI	B	-0.36%
IR	B	-0.34%
PRU	A	-0.33%
RSG	A	-0.33%
AIG	B	-0.33%
ECL	D	-0.33%
KMI	A	-0.32%
GDDY	A	-0.31%
AXON	A	-0.3%
PSX	C	-0.3%
RCL	A	-0.28%
MPC	D	-0.27%
COR	B	-0.26%
IT	C	-0.24%
NRG	B	-0.23%
FANG	D	-0.22%
WAB	B	-0.22%
LDOS	C	-0.21%
BRO	B	-0.21%
NDAQ	A	-0.21%
FITB	A	-0.2%
WTW	B	-0.2%
MLM	B	-0.19%
SYF	B	-0.17%
TYL	B	-0.16%
STX	D	-0.15%
BR	A	-0.15%
WRB	A	-0.12%
L	A	-0.11%
UHS	D	-0.09%
NWSA	B	-0.07%
NWS	B	-0.02%